The Latest Breaking News from US Federal Reserve

The American job market has once again confounded expectations

Strong economic data in recent weeks has raised signals of higher-than-expected hikes in the interest rate. Given the stalling disinflationary process, the stock market could remain volatile for some time. Thus, fundamentally strong stocks Gilead Sciences (GILD), HCA Healthcare (HCA), McKesson Corp. (MCK), and LSI Industries (LYTS) could be ideal…

As inflation remains stubbornly high and the labor market still strong, the Federal Reserve has warned that the benchmark interest rate will climb higher than expected. This could tip the economy into a recession. Amid the uncertainty, new investors looking to build their portfolios could start by buying Coca-Cola (KO),…

Rising anxieties owing to the likelihood of an impending recession have weighed heavily on the stock market. Given the uncertainties are not likely to ease anytime soon, quality stocks Johnson & Johnson (JNJ) and Pfizer (PFE) might be wise portfolio additions to help you keep money in your pockets. Read…

For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more…

U.S. payrolls rose in February by more than expected while a broad measure of monthly wage growth slowed, offering a mixed picture as the Federal Reserve considers whether to step up the pace of interest-rate hikes.

The Fed’s commitment to tame the high inflation with interest rate hikes might trigger a recession this year. Given the macroeconomic uncertainties, fundamentally sound large-cap stocks, UnitedHealth Group (UNH), Walmart (WMT) and Cisco Systems (CSCO) might be ideal investments now. Keep reading.

With the Fed keen on further interest rate hikes this year, the stock market will likely remain under pressure. Amid this backdrop, it could be wise for investors to buy fundamentally strong Dow stocks like Verizon Communications (VZ), Amgen (AMGN), and International Business Machines (IBM). Read more….

U.S. employers added 311,000 jobs in February, only a modest slowdown from the previous month, indicating the labor market remains hot. The unemployment rate rose to 3.6% from 3.4% in January.